Chief Executive Officer
Lives in the future, owns strategic decisions for the organisation's success.
The Founder/Chief Executive Officer (CEO) is the highest-ranking executive in a company or organization and have the capability to dream up the future by imagining lucrative new business strategies.
Sets overall vision, strategy and direction for the company. Makes pivotal decisions impacting growth and profitability.
Related
- Cost Centres
- Capabilities
- Business Principles
- Business Challenges
- Business Models
- Business Tools
- Business Artifacts
- Teamwork
Responsibilities
The CEO's responsibilities include making major corporate decisions, managing the overall operations and resources of a company, and acting as the main point of communication between the board of directors and the rest of the company. The CEO reports to the board of directors and is responsible for the overall performance of the company.
- Establish corporate goals, policies, and procedures
- Direct and oversee an organization's financial and budgeting activities
- Analyze financial statements and sales reports to develop cost-saving measures
- Develop strong internal and external relationships
- Delegate responsibilities to managers and department heads
- Handle staffing, including hiring and training the workforce (in smaller organizations)
- Negotiate contracts with suppliers, distributors, and retail stores
- Oversee mergers and acquisitions
- Manage the organization's reputation and public image
- Make key corporate decisions and set goals and budgets
Problems
What are the biggest problems facing CEOs today?
Decisions
What are most important decisions a CEO makes?
Character
Traits
- Cam wear many hats
- Strong decision framework
- Exceptional communication
- Understands where to prioritise Focus
Mindset
- Future orientated
- Forever curious
- Team matters most
- Biased towards action
- Relentless drive
- Mission focused
Market Focused
- Founders in emerging markets often solve real mass-market problems and reach unicorn status faster than their US counterparts.
- They were ten times more likely to have worked in finance, consulting, business development, or marketing compared to US founders.
Performance
Recruitment
Interview Questions
Remuneration Expectations
Tech Impact
What impact will transformative tech have on the role of the CEO?
| Tech | Impact Rating |
|---|---|
| AI Automation | ? |
| Blockchain Integrity | ? |
| Crypto Incentives | ? |
| AR, VR and IoT Signals | ? |
Commentary:
- AI Automation: Requires human leadership, judgment and adaptability?
- Blockchain Integrity:
- Crypto Incentives: